Will my husband be entitled to half of our house downpayment that was gifted to me when we divorce?

Additional Information:

When my husband and I got married, instead of a having a lavish wedding, my parents gave me money (about $35K) to put towards the down payment on our Natick house that we bought together.  I am now in the early stages of filing for a divorce, will my husband get half of that money?

ATTORNEY ANSWER:

It largely depends on the length of the marriage.  If your marriage was short term (less than 5 years), then typically the money lent by your parents for the down payment on the house would belong to you.  If the marriage was mid term or long term, then it is more discretionary, as these funds have been woven into the fabric of the marriage. 

Our Natick Divorce Lawyers at HKWG provide legal services to individuals and families in Natick Massachusetts and in the neighboring communities including: Wellesley, Needham, Dover, Sherborn, Framingham and Wayland.

 

Categories: Divorce Questions and Legal Questions & Answers.